But interestingly, Spotify announced this…it has now paid half-a-billion dollars out to artists, having almost doubled up in the last 9 months.

Spotify has been working hard to push its members over from the free ad-based service into fully-fledged subscribers, and it’s interesting to note that a quarter of its global subscription-base now opt to pay, which likely bodes well for the future of the platform.

Co-founder Daniel Ek now says that Spotify has paid out half-a-billion dollars in payments to rights-holders, around $250m of which has been in the past nine months, and it will be interesting to see how this number grows as its paid-subscription base grows.